Month: May 2024
AI and Chips Trends to Continue for Some Time, says UBS’ Haefele
Mark Haefele, CIO at UBS Global Wealth Management, says the AI-fueled tech stock rally has longer to run but their…
Gold Set to Reach $3,000 Over Next 12 Months, Citi Says
Citigroup Global Research Global Head Max Layton says gold is on track to reach $3,000 in the coming 12 months….
New China Trade War? G7 Ministers Debate | Daybreak: Europe 05/24/2024
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…
Stephen Bird Steps Down as Abrdn CEO
The chief executive officer of asset manager Abrdn, Stephen Bird, has stepped down. Chief Financial Officer Jason Windsor is set…
Markets in 2 Minutes: Stocks Can Cope With Higher Yields
Anna Edwards and Mark Cudmore break down today’s key themes for analysts and investors on "Bloomberg Markets Today." ——– More…
Nvidia Market Cap Bigger Than Entire Stock Markets, US Output Grows at Fastest Rate in Two Years
Daybreak Europe anchor Tom Mackenzie reports on the good news and bad news on the markets theme as US business…
SpaceX Considers Selling Shares at $200 Billion Valuation
Elon Musk’s SpaceX has initiated discussions about selling existing shares at a price that could value the closely held company…
Geopolitical Risk After Raisi’s Death
The death of Iranian president Ebrahim Raisi raises a serious question about the future of one of the most powerful…
G-7 Closing In on US Plan for Frozen Russian Assets
Finance ministers from the Group of Seven nations are meeting at the Italian lakeside resort of Stresa, where they are…
Israel says bodies of 3 more hostages found in Gaza
The bodies of three more hostages killed on October 7 were recovered overnight from Gaza. The news comes as the…